When economic rent exists,
A) the price is equal to the opportunity cost of the resources.
B) price is the same as the discount rate.
C) resources are allocated inefficiently.
D) resources are allocated efficiently.
D
Economics
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Research conducted by Justin Wolfers and Betsey Stevenson shows that as GDP increased, respondents reported all of the following except
A) fewer choices over how they spend their time. B) less physical pain and depression. C) more general enjoyment. D) being treated with greater respect.
Economics
Usually, the cost of capital for newly issued stock is ________ the cost of retained earnings
A) lower than B) higher than C) same as D) either higher or lower than
Economics